Amount in Nepalese Currency

REVENUE 2019 2020 2021

Revenue 4,750,000 6,180,000 8,050,000
Total COGS 1,400,000 1,600,000 1,800,000
       
Gross Profit (Loss) 3,350,000 4,580,000 6,250,000
       
OPERATING EXPENSES      
General/Administrative 150000 280000 320000
Depreciation 35,000 35,000 35,000
Total Operating Expenses 185000 315000 355000
Net Income Before Taxes 3,165,000 4,265,000 5,895,000
Taxes on Income 1107750 1492750 2,063,250
Net Income After Taxes 2057250 2772250 3831750
NET INCOME 2057250 2772250 3831750

Balance sheet
Amount in Nepali

Currency  
ASSETS 2019 2020 2021
Current Assets      
Cash 5,750,000 5,950,000 6,450,000
Net accounts receivable 3,950,000 4,250,000 4,360,000
Inventory 1,900,000 2,025,000 2,060,000
Temporary investment 150,000 150,000 150,000
Prepaid expenses 300,000 300,000 300,000
 Total Current Assets 12,050,000 12,675,000 13,320,000
       
Fixed Assets      
Long-term investments 450,000 450,000 480,000
Buildings (net of depreciation) 295,000 550,000 1,020,000
Plant & equipment (net) 6,510,000 6,510,000 6,560,000
Furniture & fixtures (net) 6,800,000 6,950,000 7,500,000
 Total Net Fixed Assets 14,055,000 14,460,000 15,560,000
TOTAL ASSETS 26,105,000 27,135,000 28,880,000
LIABILITIES      
Current Liabilities      
 Accounts payable 1,550,000 1,610,000 2,220,000
Short-term notes 280,000 310,000 330,000
Current portion of long-term notes 170,000 170,000 190,000
Accruals & other payables 160,000 160,000 160,000
 Total Current Liabilities 2,160,000 2,250,000 2,900,000
       
Long-term Liabilities      
Other long-term liabilities 490,000 550,000 580,000
 Total Long-term Liabilities 490,000 550,000 580,000
       
SHAREHOLDERS' EQUITY
Capital stock 400,000 400,000 400,000
Retained earnings 23,055,000 23,935,000 27,610,000
 Total Shareholders' Equity 23,455,000 24,335,000 28,010,000
TOTAL LIABILITIES & EQUITY 26,105,000 27,135,000 28,880,000

Cash flow

 
Particulars 2019 2020 2021
 
Operating Activities        
Net Income   2,057,250 2,772,250 3,831,750
Adjustment        
Depreciation   35,000 35,000 35,000
Net Cash Flow   2,092,250 2,807,250 3,866,750
         
Beginning 3,657,750 3,142,750 2,583,250
Cash
Ending 5,750,000 5,950,000 6,450,000
         
Free Cash Flow   2,092,250 2,807,250 3,866,750